S&P ASX 200 Technical Analysis Elliott Wave CFD Day Trading ASX200 Technical Analysis:6000 is the resistance and 5800 is the support Elliott Wave count: Wave (iii) of c) of 4 Trading Levels: testing 5800 that bears require as the tested resistance XJO ASX200 Trading Strategy: Open Short trades a
Daily Pivots: (S1) 1.6122; (P) 1.6178; (R1) 1.6233;
EUR/AUD is still bounded in consolidation from 1.6033 and intraday bias remains neutral. Overall, as long as 1.6586 resistance holds, further decline is still expected. Break of 1.6033 will resume the down trend from 1.9799. Nevertheless, on the up
At 2.00 am ET Tuesday, the Office for National Statistics has released UK labor market statistics. The pound changed little against its major rivals after the data.
The pound was trading at 1.2863 against the greenback, 135.90 against the yen, 1.1659 against the franc and 0.9248 against the euro aro
Indian shares opened on a buoyant note Monday morning, tracking positive cues from Asian markets and higher U.S. index futures, amid optimism about coronavirus vaccine.
Drug maker AstraZeneca said it has resumed the late-stage trial of its coronavirus vaccine candidate in the UK after the trial was
Daily Pivots: (S1) 1.6215; (P) 1.6245; (R1) 1.6263;
Consolidation from 1.6033 is still in progress and intraday bias remains neutral for more range trading. Outlook stays bearish as long as 1.6585 resistance holds. On the downside, break of 1.6033 will resume the whole fall from 1.9799, towards long
Although the greenback rose at New York open after release of upbeat U.S. unemployment rate, dollar later pared intra-day gains and end mixed on Friday as U.S. stocks recovered broadly after initial selloff. Reuters reported U.S. nonfarm payrolls increased by 1.371 million jobs last month after
Signs of dip demand have emerged on EUR/USD's daily chart.
The pair remains trapped in narrow range of 1.1754-1.1883.
EUR/USD carved out a long-tailed Doji candle on Wednesday, signaling dip demand near 1.1770.
The hourly chart shows an upside break of a four-day-long narrowing price or symmetric
EUR/USD gained some follow-through traction on Thursday amid sustained USD selling.
Upbeat US employment data, surging US bond yields provided some respite to the USD.
The US fiscal impasse continued undermining the USD and helped limit any further slide.
The EUR/USD pair built on the previous day'
AUD/JPY declines over 15 pips after Australia’s Q2 CPI flashed worrisome outcomes.
Virus woes strengthen in Australia, Queensland to declare Greater Sydney a COVID-19 hotspot on Saturday.
Risk-tone remains sluggish ahead of the Fed’s decision, US policymakers’ delay in providing the fiscal relief di
USD/IDR fades pullback moves from 14,446, nears the lowest since July 15.
Indonesia's government will propose expanding its 2021 fiscal deficit assumption to 5.2% of GDP versus 4.17%-4.7% previous forecast.
Jakarta posts daily record in new cases, total figures cross 100,000 in Indonesia.
Wells Fargo & Company recently announced that it has secured a new Chief Financial Officer (CFO) with Mike Santomassimo to join the company in this capacity in fall 2020.
As the CFO of Wells Fargo, Santomassimo will report directly to the CEO, Charlie Scharf, and will serve on t
The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had gathered more than 230 points or 0.9 percent. The Hang Seng Index now rests just above the 25,480-point plateau and it's pre
Australian dividend investors are likely to have a struggle in this upcoming earnings and dividend season in September. Forecasts suggest that this will likely be the worst cut in at least a decade with a number of entities planning to cut, postpone or simply cancel dividend payments, including the
CFH, a liquidity provider, has recently announced that it has expanded its Bullion offering to cover a list of synthetic instruments based on the underlying Loco London gold offering.
The expansion of its product offering caters to the market needs in Australia, Singapore, China,
DXY comes under pressure and tests the 97.00 mark.
US-China jitters return to the markets as sentiment driver.
ISM Non-Manufacturing, Markit’s Services PMI next on tap.
The greenback, when tracked by the US Dollar Index (DXY), is adding to last week’s losses and puts the 97.00 mark under pressure o